were down more than 1% before recovering, in the biggest opening gap lower since Jan. 2, according to Bespoke. Much of the 17% gain in the S&P this year has been credited to optimism about trade talks and also an easy Federal Reserve.
Analysts say it is in the interest of both countries to reach a deal, with China's economy just beginning to steady after a campaign of fiscal and monetary stimulus. The U.S. economy has also shown recent signs of improvement, and April's super strong jobs report gives more credence to the idea that the economy is not near recession, as was believed by many investors earlier in the year.
Like other strategists, Levkovich also points to the fact that the stock market is near an all-time high and that is something that would not be lost on the president. Trump views the stock market as a report card on his administration, so some strategists expect that he would dial back some rhetoric if it was in free fall.
Hitler lost WW2 because he thought winning over Russia would be easy. Plan B ?
The world as in Europe and America ? Ok .
Someone should tell steveliesman (he is always anti-trump) that Trump is right, we are making money. We charge tariffs and the chinese exporters drop prices and China manipulates currency downwards. Our treasury pockets the $ and consumers pay the same (Look at Amazon Prices)
How do we know that Trump is not doing this for selfish financial reasons; or for Russian benefit ? Funny his trade tweet comes after happy endings with Putin on Friday. His behavior is unbecoming of the office of the president of the United States and commander in Chief.
. PUTINtrump2020 GOP = GobblingOrangePoop .